Singapore Analysis
Essay by sunakoako • December 18, 2013 • Essay • 219 Words (1 Pages) • 1,098 Views
Countries covered: Singapore
Introduction
Singapore is a highly trade-dependent economy with one of the highest trade-to-GDP ratios in the world. The country's exports equate to approximately 200% of its GDP. Singapore's industries rely on exports, and may therefore be impacted by low level of demand. The country did experience an economic decline of 1% in 2009, but recovered strongly in 2010. In 2012, it posted growth of 1.9%.
Features and benefits
Understand how Singapore can be used to plan business investments or market entry through a holistic view of the country.
Gain an understanding of the political situation in Singapore, including key figures in the country and governance indicators.
Understand customer demographics in Singapore through analysis of income distribution and the rural-urban split, as well as healthcare and education.
Highlights
The PESTLE analysis of Singapore identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework.
The political landscape section discusses the evolution of the political scenario in Singapore, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
The economic landscape section outlines the evolution of Singapore's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
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